its cars are competitive. The problem is not the product, but the costs," he told Reuters. Germany, where Volkswagen employs nearly 45% of its workforce, has the highest labour costs of any ...
The story so far: On November 6, Germany’s ruling ‘traffic light’ coalition, composed of the Social Democrats (SPD), the Greens and the Free Democrats (FDP), collapsed when Chancellor Olaf ...
The German economy, although still the biggest in Europe, could be derailed by US President-Elect Donald Trump's policy agenda, promising hefty trade tariffs which could cost 1% of Germany's GDP.
Even when Germany holds highly unusual snap elections, some of its political laws seem etched in stone. Incumbent Chancellor Olaf Scholz faces a bubbling groundswell of revolt in his SPD ...
2:13 Germany’s far-right AfD narrowly held back in 3rd state election In beautiful historic Potsdam on election day, warm rays of sun pirouette across the roofs and walls of the majestic ...
Germany plans to narrow the pool of solar producers that are eligible for subsidies after an oversupply of renewable power has led to rising costs for the government. The country’s rapid solar ...
Germany orders shutdown of all Iranian consulates 10/31/2024 October 31, 2024 The German foreign minister says all three of Iran's consulates in the country are to close.
The real (price adjusted) stock of orders in manufacturing was up 1.6% in September 2024 compared with August 2024 after seasonal and calendar adjustment, according to provisional figures of the ...
A butcher in northeast Germany has come up with what he believes is an innovative solution to the country’s growing raccoon problem: turning them into sausages and other meat products. Michael ...
By Liz Alderman Reporting from Paris Europe struggled to turn around its economic fortunes in autumn, as Germany, the region’s powerhouse, reported weak growth, offsetting stronger expansion in ...
BERLIN — German carmaker Volkswagen plans to close plants in its home country for the first time in the company’s 87-year history, potentially leading to tens of thousands of layoffs, elected ...
Every year, billions of euros are spent in Germany to subsidize polluting company cars running on internal combustion engines. The state funds seem to be slowing the transition to electric mobility.